Re:Tether Critical Announcement
by darawk on Tuesday November 21, 2017 @11:19AM
(#15748903)
What I mean is that when the hack occurred I lost 30% of my funds. However, I received BFX tokens equivalent to the amount I lost. Eventually, as Bitfinex continued operating and accumulating fees from operations, they paid me back 1:1 USD for BFX tokens they had given me as debt.
So, I did lose the time-value of that money (they didn't pay me interest on it), and I didn't get paid back in Bitcoin or Ethereum, which would have been more money, but i'm still very happy with how they handled it. I think it was the most reasonable and honest solution to the problem that they had available to them at the time.
So, I did lose the time-value of that money (they didn't pay me interest on it), and I didn't get paid back in Bitcoin or Ethereum, which would have been more money, but i'm still very happy with how they handled it. I think it was the most reasonable and honest solution to the problem that they had available to them at the time.